The Securities and Exchange Board of India (Sebi) has taken a significant step towards enhancing its regulatory capabilities by initiating the process to hire 49 officers across various departments. This move is aimed at ensuring faster and more effective execution of Sebi’s regulatory functions.
The recruitment drive follows Sebi’s invitation for applications for 97 senior-level positions in March. Initially scheduled to open on April 13, the application submission link was postponed due to the General Elections. However, a recent notice from Sebi has now invited applications for 49 Officer Grade A (Assistant Manager) positions across different streams, including General, Legal, Information Technology, Engineering (Electrical), Research, and Official Language.
Application Process:
Interested candidates can submit their applications online until June 30. The available positions include 34 in the General stream, 10 in Information Technology, two in Legal, and one each in Engineering (Electrical), Research, and Official Language departments.
Selection Process:
The selection process will be conducted in three phases, beginning July 27, indicating Sebi’s commitment to a rigorous and comprehensive evaluation of candidates.
Sebi’s Recruitment Drive:
Sebi has been steadily strengthening its workforce in recent years. In July 2022, the regulator invited applications for 25 senior-level executives in the Information Technology department. Similarly, in January 2021, Sebi sought applications for the recruitment of 120 Officer Grade A (Assistant Manager) positions across different streams.
Sebi’s Mandate and Role:
Established by the government in 1988 and empowered by the Sebi Act of 1992, Sebi plays a crucial role in safeguarding investor interests and regulating securities markets in India. Its responsibilities include overseeing stock exchanges and other securities markets, registering and regulating various market intermediaries, and monitoring fraudulent and manipulative activities such as insider trading.
Sebi’s ongoing efforts to strengthen its workforce reflect its commitment to maintaining the integrity and stability of India’s securities markets. By investing in human capital and enhancing regulatory oversight, Sebi aims to foster investor confidence and promote fair and transparent market practices.
For comprehensive details and terms and conditions, please refer to the company’s original website before applying
